EDMONTON, AB | OneBridge Solutions Inc. (“OneBridge”), a wholly owned subsidiary of OneSoft Solutions Inc. (TSX-V:OSS; OTCQB:OSSIF) (the “Company” or “OneSoft”) is pleased to announce that another Houston–based pipeline operator (“Client”), has adopted OneBridge’s Cognitive Integrity ManagementTM (“CIM”) software-as-a-service solution for long-term use for its U.S.A. and Canadian operations.
“The client, one of the largest high growth midstream pipeline operators in North America, is enhancing its internal systems to operate its pipeline business with a focus on increasing safety, reliability and efficiency,” states OneBridge President, Tim Edward. “Adoption of our cutting-edge machine learning and data science technologies is part of its digital transformation initiative to evolve internal integrity management and operational processes.”
OneSoft President and COO, Brandon Taylor added, “The addition of this client signifies another significant milestone for OneSoft, for a few reasons. Firstly, we estimate that aggregate CIM usage amongst our commercial CIM clients will exceed 50,000 miles once this client loads all of their data, which meets our volume objective for fiscal 2019 early in the year. Secondly, working with this client provides us the opportunity to enhance regulatory-associated functionality of CIM, and thirdly, this client marks the first instance of long term CIM use involving Canadian pipeline infrastructure.”
About The Client
The Client, a Houston-based Fortune 500 master limited partnership group, owns and operates crude oil, natural gas liquid and natural gas midstream pipeline assets in the U.S.A. and Canada, as well as associated terminal, storage and gathering infrastructure.
About OneSoft and OneBridge
OneSoft has developed software technology and products that have capability to transition legacy, on-premise licensed software applications to operate on the Microsoft (MSFT:NASDAQ) Azure Cloud Platform. Our business strategy is to seek opportunities to incorporate Data Science and Machine Learning, business intelligence and predictive analytics to create cost-efficient, subscription-based software-as-a-service solutions. Visit www.onesoft.ca for more information.
OneSoft’s wholly owned subsidiary, OneBridge Solutions Inc., develops and markets revolutionary new SaaS solutions that use Data Science and Machine Learning to apply predictive analytics to big data, which assist Oil & Gas pipeline operators to predict pipeline failures and thereby save lives, protect the environment, reduce operational costs and address regulatory compliance requirements. Visit www.onebridgesolutions.com for more information.
For more information, please contact
Dwayne Kushniruk, CEO
Sean Peasgood, Investor Relations
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